After seeing a sustained slowdown for over two years, India's scooter market is finally recovering. As per the wholesale numbers, released by Society of Indian Automobile Manufacturers (SIAM), a total of 43,61,347 units were dispatched in the April 2022 to January 2023 period. This is an increase of 9,79,594 units or a 29 percent year-on-year increase - April 2021-January 2022 was 33,81,753 units. Petrol scooter OEMs market share: details The top five OEMs account for 41,35,615 units or 95 percent of the total but dissect this further and the top three players – Honda Motorcycle & Scooter India (HMSI), TVS Motor Company and Suzuki – cumulatively have 36,69,244 units or 84 percent of the industry numbers. While these three have each recorded over 20 percent growth, the fastest growth (at 50 percent) comes from TVS, which is reflected in its 24 percent market share, up from 20.42 percent a year ago. Scooter market leader HMSI with 20,43,993 units has recorded 24 percent grow...
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